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Video
April 30, 2020
That's Who We R
Latest News and Updates
Find out how Standard of Practice 16-16 affects a buyer’s request that the seller pay the buyer broker compensation, and what can and cannot be done to stay in compliance with both the Code of Ethics and the proposed settlement agreement.
The written buyer agreement required by the proposed settlement agreement can adapt to any type of buyer-broker relationship, but certain terms are required no matter what form the agreement takes. Learn more about those required terms in this video.
Seller concessions are one way that a seller could help compensate a buyer broker. Find out how the new rules, effective August 17, 2024, affect offers of compensation and how seller concessions may be used by a buyer to pay their broker’s fee.